Buying a home is often the biggest financial decision of a lifetime. It shouldn’t be the riskiest. Up until recently, no laws required home sellers in Florida to disclose flood risk to potential buyers. Buyers had few ways of knowing if a property had been flooded or previously had flood damage. That left buyers on the hook, often unknowingly, for a risky purchase. Flooding is the most common and most costly natural disaster in the United States.
New Flood Disclosure Law Will Protect Florida Homebuyers | Opinion
Jennifer Bradley, Christine Hunschofsky, South Florida Sun-Sentinel
Sun, 09/22/2024 - 4:00am
Topics: flooding united states state sen jennifer bradley senate district national flood insurance program federal emergency management agency fema lastly oct american flood coalition senate bill seminole gaming compact house district the legislature sen jennifer bradley baker bradford clay columbia gilchrist union alachua broward the invading sea florida r-fleming island invading sea house bill resilient state rep christine hunschofsky d-parkland county law homebuyers opinion flood disclosure damage represents risk property sellers potential disclose grant purchase funding ways part communities year environmental benefit funds additional homeowners bills resilience providing claim requires courtesy including
BING NEWS:
- New flood disclosure law will protect Florida homebuyers | Opinion
Republican state Sen. Jennifer Bradley and Democratic state Rep. Christine Hunschofsky describe the bipartisan legislation they sponsored that will require disclosure of flood damage to ...
09/22/2024 - 12:00 am | View Link - Florida Realtors Webinar: Flood Disclosure, Condos
Today’s webinar will cover the new flood disclosure and condo laws that take effect on Oct. 1, and Florida Realtors’ new and updated forms regarding these changes.
09/19/2024 - 10:35 pm | View Link - Commentary: New flood disclosure law will help Florida homebuyers
Flooding can be a costly natural disaster, As its cosponsors write, House Bill 1049 helps to alleviate some of the risk borne by homebuyers: The bill makes flood disclosure a requirement for all ...
09/19/2024 - 10:31 pm | View Link - How Florida Could Solve Its 'Crushing' Condo Crisis
Condo owners are facing a glut of costs because of new safety regulations, and Governor Ron DeSantis wants action from lawmakers.
09/19/2024 - 12:18 am | View Link - This Florida woman bought a flood insurance policy for $8,600 — but after her home flooded during Tropical Storm Debby, her nearly $100K claim was denied due to a major loophole
When Tropical Storm Debby came through Pinellas County, Florida in early August, Danielle Jensen thought her home was protected with flood insurance from the National Flood Insurance Program (NFIP).
09/16/2024 - 11:02 pm | View Link - More
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